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HECM Originators July 2015

HECM endorsements fell -5.1% in July, but the channel split was more interesting than usual. Wholesale/brokered volume grew marginally while Retail/direct dropped -9.3%. That’s out ...

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HECM Lenders August 2015

We’ve been waiting for Financial Assessment to bring down HECM endorsement volumes and we’ll have to wait at least one more month – but we’re ...

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HECM Trends June 2015

HECM endorsements saw a big jump in June thanks to borrowers acting ahead of Financial Assessment implementation: applying and receiving a case number prior to ...

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HECM Originators June 2015

HECM endorsements jumped 24% in June as borrowers rushed in before Financial Assessment rules would apply to their loans (all case numbers issued after April ...

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HECM Lenders July 2015

HECM endorsements fell 5% to 5,029 loans in July, but still represent the second highest level of the past 12 months trailing only last month’s ...

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HECM Trends May 2015

For the country as a whole HECM endorsements declined -1.9% in the year through May, but as always some areas of the nation are doing ...

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HECM Originators May 2015

HECM endorsements dropped -4.9% in May, with wholesale/brokers bearing a slightly larger share of the decline at -5.4% compared to retail/direct at -4.6%. There were ...

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Surging Up – HECM Lenders June 2015

There are many ways to break a down trend, but few are better than the 23.9% growth in HECM endorsements seen in June. Overall volumes ...

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Almost Growing – HECM Trends April 2015

April HECM endorsements were down a little from March but higher than a year ago, which brings the year to date tally to just -1.1% ...

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Topsy Turvy – HECM Originators April 2015

April marked the fourth month in a row with a split in business channel growth for the reverse mortgage industry. For April, Retail declined -6.3% ...

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Four Again – HECM Lenders May 2015

HECM endorsement volumes declined for the fourth month in a row, declining -5% to 4,273 loans in May. That’s the lowest level since September, but ...

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March Moderation – HECM Trends March 2015

HECM endorsement volume dropped -1.7% in March, but that was less than the drop a year ago so the year to date volume decline moderated ...

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